Chia Hsin Cement reports TWD38.7m 1Q net loss

Taiwan-based Chia Hsin Cement has posted a net loss of TWD38.698m (US$1.19m) in the first quarter of 2024 from a net profit of TWD19.993m in the 1Q23.

Over the same period, the company's pretax profit swung from TWD25.471m to a pretax loss of TWD29.843m.

However, revenues had edged up from TWD651.402m in the 1Q23 to TWD699.142m in the 1Q24.